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Dell cuts jobs amid growing economic uncertainties

CIO Business Intelligence

Optimistic of AI demand In the filing, Dell highlighted that despite a general sense of caution among enterprise and large corporate clients, its Infrastructure Solutions Group (ISG) has seen a boost in demand driven by the growing interest in AI-optimized solutions. Dell, Staff Management, Technology Industry

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IT budget shock: Global IT services firms continue to struggle

CIO Business Intelligence

The global IT services industry is at a significant crossroads, with the explosive growth of generative AI and deepening economic uncertainties reshaping its future. Cognizant Technology Solutions announced a full-year revenue forecast below expectations. This means the IT implementations will see thinner margins and profitability.

IT 98
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Climate change predictions: Anticipating and adapting to a warming world

IBM Big Data Hub

According to the Geophysical Fluid Dynamics Laboratory of the US’s National Oceanic and Atmospheric Association (NOAA), “Climate models reduce the uncertainty of climate change impacts, which aids in adaptation.” 4 ” IEA: More than a third of the world’s electricity will come from renewables in 2025.

Modeling 123
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6 ecommerce trends to watch

IBM Big Data Hub

Social commerce, a form of ecommerce in which a social media platform serves as both a marketing channel and a shopping destination, is expected to grow by more than 50% between 2021 and 2025. Some forecasts suggest online retail might be responsible for half of all retail revenues by next year. trillion globally by 2025.

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CIOs press ahead for gen AI edge — despite misgivings

CIO Business Intelligence

If anything, 2023 has proved to be a year of reckoning for businesses, and IT leaders in particular, as they attempt to come to grips with the disruptive potential of this technology — just as debates over the best path forward for AI have accelerated and regulatory uncertainty has cast a longer shadow over its outlook in the wake of these events.

Risk 141
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Why Finance Teams are Struggling with Efficiency in 2023

Jet Global

External Market Challenges are Hampering Finance Teams In 2023, the impact of external factors is clear as the optimism from the previous year has been replaced by pragmatism and realism. And on the other, internal pressures like the need for more frequent, accurate forecasting force CFOs to re-evaluate their existing tools and processes.

Finance 52
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Top 10 business needs driving IT spending today

CIO Business Intelligence

billion in spend by 2025. He says organizations are looking to automate, streamline operations, and reduce costs to help deal with an unsettled labor market, worker shortages, inflation, and geopolitical uncertainty. Cybersecurity needs driving IT spending.

IT 135